Paytm Overview
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Payment Method | E-wallet, UPI (Unified Payments Interface) |
Supported Countries | 16+ |
Languages | 11 |
Founded | 2009 |
Headquarters | Noida, Uttar Pradesh, India |
Number of Employees | 21,000+ |
Total Active Consumers | 300 million+ |
Total Number of Merchants | 20 million+ |
Why pick Paytm?
If you use UPI as your payment method you might get charged a fee of 1.1% over casino payments that exceed ₹2,000 or your currency equivalent. Other than that, a few casinos can also charge a transaction fee but they are rare, so be sure to check in with Paytm’s terms and conditions.
Withdrawals from online casinos using Paytm can be instantaneous if the UPI or a Paytm Wallet is available but might take time if the casino pays via a bank transfer.
Equipped with a robust suite of financial services and being used by a whopping 300 million Indians for an array of payments ranging from groceries, mobile bills, paying your friends, and more, Paytm has established itself as a reliable, instant, and user-friendly payment platform.
Through its secure and instant transactions, Paytm provides not just a payment platform but peace of mind to gamblers in some of the best online casinos out there.
In 2017, they also launched the Paytm Payments Bank which acts as an online bank with no minimum balance requirements and free online transactions.
Paytm's absolute dominance is reflected through its explicit fee structures and policies. Notably, Paytm wallet transactions or payments via RuPay credit cards do not levy charges on consumers.
Is Paytm Worth It?
As the iGaming industry is still struggling to get a hold in India, very few casinos feature Paytm as a payment option for now.
However, the negligible fees, worldwide connectivity, and instant transactions available make Paytm online casinos reliable and trustworthy.
For this very reason, and the fact that you can pay your bills and fees using the app, Paytm gets a thumbs up from me in terms of usability and credibility not just in casinos but in general.